Tuesday, July 29, 2014

ACORD 193 Open Cargo Section - Interest, Conveyance and Operations

How to Complete the ACORD 193 Interest, Conveyance and Operations Sections




INTEREST: This defines your insured's interest in the property being shipped. Select one of the following by checking the appropriate box.


  1. FREIGHT FORWARDER
  2. SHIPPER OF OWNED PROPERTY
  3. IMPORTER
  4. EXPORTER
  5. OTHER - if you check this box add a text description.


CONVEYANCE USED: Describe the type of transportation which will be used to move the property insured under this policy. Examples, container ship, barge, etc.


OPERATIONS

PROPERTY SHIPPED:  Provide a text description of the property being shipped. If this is a large shipment of various items you may want to attach a spreadsheet with a description of all items.

POINTS OF ORIGIN: Where did the shipment originate? More to the point, at what physical location does the coverage begin. If there are separate items picked up along the way, associate each item with its point of origin.

POINTS OF DESTINATION: Where is the shipment begin taken. When does this coverage end. If there are separate items delivered to separate destinations, associate each item with its destination.


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